The enthusiasm for Trump's pro-crypto administration is driving memecoins, such as Dogecoin, Dogwifhat, and Brett, which are among the best-performing cryptocurrencies after Trump's victory. This is because the crypto community expects Trump's administration to implement more favorable policies towards cryptocurrencies, such as reducing regulatory hurdles and creating a national Bitcoin council.

Additionally, Trump's victory has sparked a surge in the crypto market, with the total market capitalization surpassing 3 trillion dollars. This has led to an increase in adoption and interest in cryptocurrencies, including memecoins.

It is important to note that while enthusiasm for Trump's administration is high, it remains to be seen how his promises will translate into real policies and how they will affect the crypto market in the long term.